haitian economy

Back in the days 500 Haitian Gourdes was worth 100 US dollars, How much is it worth today?

Look at this hand holding a HTG $500 gourdes bill. The gourde or goud in Haitian Creole is the currency of Haiti. and back in the days, that hand would have held 100 US dollars.

Not anymore. Those days are gone!

As of August 2023, with the exchange rate of 135 to 140 Haitian Gourdes for one US Dollar, the value of 500 Haitian Gourdes would be approximately 3.57 to 3.70 US dollars today.

Please note that exchange rates can vary and it's always a good idea to check with reliable sources for the most current rates.

The most popular Haiti Gourde exchange rate is the USD to HTG rate. The Haitian gourdes fluctuates relative to the value of the US Dollar on the Haitian economy.

Permalink | Comments

Haiti's Economic System - Flow of Income is FLAT, not Circular

Look at this chart of the Haitian Economic System, the flow of income is flat, it is not circular like in growing economies...

In the Haitian economy, households interact with MERCHANTS who IMPORT goods for household consumption from outside countries.

The money, which comes in large part from the Diaspora, never stay long enough in the Haitian economy to change hands and grow.

Read the related article below: Economics - In Haiti, The Flow Of Income is NOT Circular, That's why we are so POOR

What do you think about that?

Permalink | Comments

The Haitian Economy

Haiti has a mixed economy. Its major trading partner is the United States.... Haiti has an agricultural economy. Over half of the world's vetiver oil (an essential oil used in high-end perfumes) comes from Haiti, and bananas, cocoa, and mangoes are important export crops.

PHOTO: System Ekonomi Peyi d'Haiti - Lajan pa Sikile, li fè tou dwat PATI kite peyi a

Gade photo saa... Nan system ekonomi payi d'Haiti a, lajan pa sikile li pa vire an won, li fè tou dwat. Lajan rantre tou dwat soti lòt kote, Lajan pase tou dwat soti ale lòt kote...

See this illustration in English: Haiti's Economic System - Flow of Income is FLAT, not Circular

Kisa ou panse de sa?

Kite yon mesaj

Permalink | Comments

Haitian VIP Pass

In Haiti, VIP means Rantre Gratis. There are many Haitian VIPs who refuse to PURCHASE a TICKET to attend a Haitian event.

They all want to get in for FREE!

There are many people, including Haitian artist (actors, musicians, etc), Haitian media personnel (radio and television), and lots of self-proclaimed Haitian VIPs who refuse to pay.

In all Haitian Movie premieres, Haitian Bals, Festivals, and other events, these Haitian VIPs want to get in for FREE.

"Don't you know who I am?" they say, "I don't pay for these things!"

In the mean time. The will pay hundreds for a bottle.

Permalink | Comments

Haiti France Reparations Controversy

Haiti was forced to make massive reparations to French slaveholders in order to receive French recognition as an independent nation and end the Haiti's political and economic isolation.

These payments, an estimated $22 Billion, permanently affected Haiti's economy and wealth.

Permalink | Comments